Which of the Following Is NOT a Measure of Variance

question 4

Multiple Choice

Which of the following is NOT a measure of variance in the forecast error?

• A) CFE (cumulative forecast error).
• B) MAD (mean absolute deviation).
• C) MAPE (mean absolute percentage errors).
• D) All of the above are measures of variance.

---

Definitions:

Uncertainty Avoidance

A cultural dimension that reflects the degree to which societies tolerate ambiguity and uncertainty.

Return Rate

The percentage of participants who continue or complete a study or respond to follow-up surveys, crucial for the validity of research findings.

Correlation Designs

Research designs used to measure and analyze the relationships between two or more variables without implying causation.

Confirmatory Factor Analysis

A statistical technique used to validate the factor structure of a set of observed variables and to confirm prior hypotheses about their relationships.